Jeffrey Immelt

GE CEO buys over $1 million in stock on the dip CEO Flannery buys 60,000 shares after the stock suffers the biggest two-day plunge in 8 1/2 yearsGE’s new CEO John Flannery spent over $1 million to buy the company’s stock, after prices took a two-day dive of nearly 13% amid investor disappointment about his turnaround plan.

GE working on 'comprehensive changes' to pay plansExecutive compensation is one of the many things John Flannery plans to shake up as he tightens the belt at General Electric Co. But his options may be limited. The new chief executive said Friday he was working with the board "on comprehensive changes" to the company's compensation plans to "better align the team with investors.

AmEx stock beat the market and its peers during Ken Chenault’s reign Shares of American Express soared 155% during Chenault’s tenure, beating the Dow’s 118% gainAmerican Express’s stock has beaten the broader market and its peers by a wide margin during Ken Chenault’s reign as CEO.

GE names Jamie Miller chief financial officer, 3 vice chairs to retireGeneral Electric Co. said late Friday that Jamie Miller will succeed Jeffrey Bornstein as chief financial officer on Nov. 1. Miller is currently CEO of GE Transportation. Bornstein, who also serves as vice chair on the board, will leave the company Dec. 31. GE also announced that vice chairs John Rice, who heads GE's Global Growth Organization, and Beth Comstock, head of the GE Business Innovations unit, will retire on Dec. 31. Rice has been with GE for 39 years, Bornstein for 28 years, and Comstock for 27 years. Shares of GE declined 0.4% to $24.30 after hours. Jeff Immelt stepped down as GE's CEO Aug. 1 .

GE's stock turns lower to lead Dow losersGeneral Electric Co.'s stock fell 1.2% in afternoon trade, reversing earlier gains of as much as 1.4%, to lead the losers among Dow Jones Industrial Average components. Volume was light, however, with the 18.1 million shares traded representing just 42% of the full-day average. And given GE's stock is the lowest priced in the Dow, the 27-cent price decline was shaving just 2 points off the Dow's price, which was up 19 points. Late Monday, GE disclosed in a filing with the Securities and Exchange Commission that Jeffrey Immelt, who retired as CEO on July 31, also retired as chairman on Monday, nearly three months earlier than originally planned. The company elected CEO John Flannery as chairman. When GE originally announced in June that Immelt was retiring, GE said he would retire as chairman effective Dec. 31. He decided to retire early because the CEO transition had "proceeded smoothly" and that Flannery was ready to succeed him as chairman. GE's stock has tumbled 10.7% over the past three months, while the Dow has gained 5.5%.

GE earnings: Departing CEO Immelt’s last chance to bring good things to investors GE’s stock has dropped on the day that the last six quarterly reports were releasedCEO Jeff Immelt has one more chance to bring investors an earnings report they can cheer, before he hands the reins over to John Flannery.

GE cuts costs but shares hit by weak outlookGeneral Electric Co. told investors that profits are under pressure and they would have to wait several months for a better sense of its business, sending shares tumbling to their lowest levels in years.

GE makes more management changes as it combines power and energy connections unitsGeneral Electric Co. said Wednesday it will combine its GE Power and GE Energy Connections units into one business called GE Power. The industrial conglomerate named Russell Stokes, current chief executive officer of GE Energy Connections, as CEO of GE Power, effective July 3. Steve Bolze, former CEO of GE Power, will retire after 24 years at the company and 11 years in his latest role. The move follows , to be replaced by John Flannery. GE'e stock, which edged up 0.4% in premarket trade, has dropped 10.0% year to date through Tuesday, while the Dow Jones Industrial Average has gained 7.9%.

GE's stock leads Dow losers, gives back about half what it gained after CEO transition announcedGeneral Electric Co.'s stock slumped 1.8% in afternoon trade Tuesday, to pace the Dow Jones Industrial Average decliners, erasing about half the gains it made in the previous session after the company announced a CEO transition. Analyst Robert McCarthy at Stifel Nicolaus reiterated his buy rating on the industrial conglomerate, saying that the CEO changeout was "welcome," but warned investors not to expect any quick changes. He said "moves will take time," with no definitive action expected, at the earliest, until just before the analyst gathering in mid-December. Credit Suisse analyst Julian Mitchell reiterated his outperform rating. He believes that "many large potential investors" who have been on the sidelines "will now re-visit their views," while only a "few current holders" are likely to sell, given that the prospects of change are now real. , to lead the Dow gainers, after GE said long-time CEO Jeffrey Immelt was stepping down, to be replaced by 30-year company veteran John Flannery. GE shares have now shed 10% year to date, while the SPDR Industrial Select Sector ETF has climbed 10% and the Dow has gained 7.8%.

GE’s stock is the worst Dow performer since Immelt took charge GE shares have tumbled 27%, while Dow has more than doubled, during Immelt’s reignGeneral Electric’s stock has tumbled 27% since Jeff Immelt became CEO in September 2001, by far the worst performer in the Dow Jones Industrial Average during that time.

Apple's stock drop is 3-times worse for the Dow than GE's stock rally is goodApple Inc.'s stock is falling less than General Electric Co.'s stock is rising, but the negative effect it's having on the Dow Jones Industrial Average is three-times worse than the positive effect GE's stock is having. Apple shares are shedding $3.12, or 2.1%, in premarket trade Monday after , which would shave about 21 points off the price of the Dow. Meanwhile, GE's stock rallied $1.03, or 3.7%, ahead of the open, after announcing , but that would only add about 7 points to the Dow's price. The Dow is price-weighted index, and since GE's stock is the lowest priced among its components, it has the least influence on the Dow's price. Apple's stock is the 8th-highest price.

GE is the worst performing Dow stock since Immelt became CEOOf all companies that remain in the Dow Jones Industrial Average since Sept. 7, 2001, when Jeffrey Immelt took over as chief executive officer of General Electric & Co. , GE's stock has been by far the worst performer, and one of only two that have declined. GE's stock has plunged 29.6% since Immelt took control through Friday, while the second-worst performer, which is AT&T Inc. shares , has lost 5.4%. Meanwhile the Dow has more than doubled, rising 121.5%, and the best performer has been McDonald's Corp.'s stock , which has soared more than five-fold, or 405.6%. GE has sold off $198 billion worth of assets since it announced its GE Capital Exit Plan in April 2015, as the company looked to shift its focus on its industrial businesses. The stock surged 4.2% in active premarket trade Monday, after . Year to date, it has shed 11.6%, while the SPDR Industrial Select Sector ETF has gained 9.1% and the Dow has tacked on 7.6%.

These three mining companies among few to back Trump on Paris accord withdrawal Cliffs Natural Resources, Murray Energy and Peabody Energy were among few companies to welcome the moveMiners Cliffs Natural Resources, Murray Energy, and Peabody Energy were among the few companies to step forward in support of Trump’s decision to leave the Paris climate-change deal.

New study of White House visits finds corporate lobbying pays off Obama-era visits show benefit of corporate meetingsVisiting the White House paid off for corporate titans in terms of improving the chances of winning new government contracts, securing more regulatory relief and boosting the value of a company’s stock, a new study finds.

General Electric earnings: What to expect GE’s stock has declined on the day of the past 5 quarterly reportsGeneral Electric is scheduled to report first-quarter earnings on Friday, before the market opens. Will GE disappoint investors again, like they have with the past five quarterly reports?

Here’s a major Trump threat to your investment portfolio Investors should look at the ways companies have flouted environmental rules for profit—and how much that has cost themInvestors should be just as worried as environmentalists about President Donald Trump’s moves to scrap laws that protect air, water and reduce greenhouse gases.

In rebuke to Trump, GE chief says ‘climate change is real’ Jeffrey Immelt said he believes climate change should be addressed via multinational agreementsGE Chief Executive Jeffrey Immelt said in a blog post to employees that “climate change is real,” after President Donald Trump reversed rules that had pushed utility companies to use cleaner-burning fuels.

Shares of manufacturers whose CEOs met Trump today are slumping, led by U.S. Steel Business leaders welcome talk of deregulation and corporate tax reform, but are wary of immigration and trade curbsStocks of the manufacturers whose leaders met with President Donald Trump Thursday were mostly lower, as investors weighed Trump’s pledge to bring millions of jobs back to the U.S. by ending decades of trade imbalances and trade deals he says are bad for the U.S.

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